by | Dec 17, 2010 | Towing
A rapidly growing list of reports shows a U.S. economic recovery that’s far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar — an…
by | Dec 13, 2010 | Towing
Foreign capital flowing into emerging markets can be dangerous, but it also has its benefits. Developing countries need to protect themselves against the risks while profiting from the dangers. But how? Here are three things th…
by | Dec 10, 2010 | Towing
Rep. Ron Paul, author of the best-selling book End the Fed, will head the House subcommittee overseeing the Federal Reserve.
Spencer Bachus, House Financial Services chairman-elect, selected Paul, 75, to lead the domestic monetary policy subcommittee…
by | Dec 9, 2010 | Towing
Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefi…
by | Dec 8, 2010 | Towing
Stocks closed a bit higher after flitting around breakeven on light trading for much of the day. Financials outperformed, while commodities suffered. Treasury bond yields hit their highest intraday level since June. End-of-year…